hief administrator incumbent Roberto Vedovotto drew 2011 every flake a yr by achievements and Juicy Couture Sunglasses important commutes. 'Our effects were positive passim the full twelvemonth, on Asia and America remaining during track as growing engines, patch European Community equalled more challenging due to the economic and political excitement which Fendi Sunglasses impacted the part starting from the 2nd incomplete of 2011.'With Gucci and Dior performing considerably inwards emerging and mature markets and Carrera's expansion being pushed, he announced the ambitious goal 'to become the conducting pure wholesale instrumentalist inwards the global eyewear industry'. In its aim for greater profitability through efficiency computer programme* it did not renew a number of firebrands, whilst it ratified a licensing agreement because Celine eyewear.Vedovotto depicted the plan to acquire Polaroid Eyeear, announced close Nov, as a seal to its strategy on Safilo own brands. 'Polaroid is a high-tension iconic firebrand that embodies the technological feeling of the inventor by polarised sunglasses. After its completion, expected by the destruction of the first quarter of 2012, we will have a strong brand to work with in many new markets and in a business segment where our presence is today not significant, thus enlarging the total reach of our Safilo Brands Division.Safilo's European business was 'challenging' in the last quarter, with revenues contracting by 4 per cent to €101.9m. The main areas of weakness were in southern Europe, mitigated by Ed hardy Sunglasses satisfactory carrying into action* inch France, FRG and the United Kingdom. Full-year 2011 sales in Europe, how, rose 1.1 percentage to €445.1m.
Looking to 2012, Safilo auspicated a positive business environment in the eyewear manufacture, in spite of the Dior Sunglasses, continuing weakness of some important European markets. It expected revenues and profitability to be charmed aside the stage come out of the closet of the Armani chemical group licences, dismi
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